RTL Group SA (STU:RRTL)
€ 24.35 0.05 (0.21%) Market Cap: 3.77 Bil Enterprise Value: 5.17 Bil PE Ratio: 7.08 PB Ratio: 0.94 GF Score: 73/100

Q3 2021 RTL Group SA Earnings Call Transcript

Nov 04, 2021 / 10:00AM GMT
Release Date Price: €50.05 (+0.70%)
BjÃ;rn Bauer
RTL Group S.A. - CFO

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Yes. Good morning, everyone, and thank you for joining this analyst call for RTL Group's results for the period January to September 2021. I'm here in Cologne together with Irina and Oliver from our Investor Relations team. The presentation for this call is available online to download on our corporate website, rtlgroup.com, and you can also follow my presentation via the link in your invitation.

Today, we will cover RTA Group's Q3 highlights, our outlook for the full year 2021 and an update on streaming, including the new RTL Plus that will be presented at a separate launch event in Berlin today.

Let me start with the highlights in the third quarter of 2021. Overall, we're very pleased with the first 9 months for RTA Group in terms of financial and operating performance as well as with our strategic progress. 3 major developments marked the third quarter. First, the strong growth of the TV advertising market in the second quarter continued in the third quarter of the year. As a result, our largest revenue stream, TV advertising was up

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